Trinity Basin Preparatory Inc
Nonprofit profile at a glance
- EIN
- 311614490
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Grand Prairie, TX, USA
- Phone
- 2149469100
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Standard
- Sector
- Elementary, Secondary Education, K - 12
Reported finances
- Revenue
- $88,457,810
- Expenses
- $88,855,150
- Assets
- $282,265,763
- Liabilities
- $235,700,106
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- RANDAL SHAFFER (CEO & PRESIDENT)
Highest reported compensation
- RANDAL SHAFFER (CEO & PRESIDENT): $357,460 total reported compensation
- BRANDON DUCK (CDO): $203,187 total reported compensation
- DAVID TECUATL (COO): $193,967 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Provide a safe, disciplined learning environment in which every student can succeed. We seek to provide every student with basic tools necessary to build a solid foundation for future educational, business and social success.
What it reported doing in 2024
Provide a well-rounded and rigorous education to our students focusing on the core academic areas of reading, writing, math, science and social studies. Expectations are very high for students and faculty in order to foster an environment of achievement and success. Teachers who are successful within our organization understand the need to reach each individual student, regardless of any perceived learning barriers. At Trinity Basin Preparatory, we believe every child can succeed, and our teachers, staff, and administrators are all dedicated to that success.In the fiscal year ended August 31, 2025 TBP had over 7,600 students. About 75% of students are considered Economically Disadvantaged and about 42% were classified as Limited English Proficient (LEP). During the year TBP served over 1,376,000 meals of which over 1,236,000 were either free or sold at reduced cost. All meals meet the regulations outlined in the final rule (77 FR 4088) titled Nutrition Standards in the National School Lunch and School Breakfast Program related to the Healthy, Hunger-Free Kids Act in 2010 and 2010 Dietary Guidelines for Americans.
Operating model
- Revenue model
- Earned-program. 89% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 89
- Transparency & Controls: 79
- Accountability: 90
- Sustainability: 44
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 90%; rating input score 90
- Program expense ratio: 89.6%; rating input score 90
- Fundraising efficiency: $85.29 raised per $1 spent on fundraising; rating input score 82; 82nd percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 83.3%; rating input score 83; 31st percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -0.4%; rating input score 25; 25th percentile among comparable filings
- Total-asset coverage ratio: 3.18; rating input score 77; 77th percentile among comparable filings
- Liabilities to assets ratio: 0.84; rating input score 16; 16th percentile among comparable filings
- Officer compensation ratio: 1.5%; rating input score 66; 66th percentile among comparable filings
Growth
- Program expense growth: 16.9% per year; rating input score 100; 89th percentile among comparable filings
- Revenue growth: 14.6% per year; rating input score 100; 88th percentile among comparable filings
- Asset growth: 20.7% per year; rating input score 100; 93rd percentile among comparable filings
Details
- Where the money goes: 90% of revenue deployed · 89.6% of spending went to programs
- Governance: 5 of 6 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $79.6M in reported program spending
- Leadership: top reported pay $357K · 12 people listed · 2 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $21.5M reported
- Consistency: 28 of 28 current checks pass
- Schedules: 9 filed schedules · includes major donors and executive pay
- Filing history: 15 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 7 filed money-flow records
- Related organizations: 1 filed related-organization link
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 25/100.
- High — Sustainability: Liabilities to assets ratio scored 16/100.